The roll out of GST and spill over effects of demonetization with consequent effects on consumer spending and growth, was a bit worrying. But it looks like these were temporary aberrations and the outlook now is far more positive. We’re seeing a decisive action to resolve the NPA problem in public sector banks.
It has been a fairly interesting and unpredictable year. in an exclusive conversation with Faiz Askari of SMEStreet, Srividya Kannan, Founder, Director – Avaali Solutions Pvt Ltd explained her observations on 2017, Ms. Kannan says, “The roll out of GST and spill over effects of demonetization with consequent effects on consumer spending and growth, was a bit worrying. But it looks like these were temporary aberrations and the outlook now is far more positive. We’re seeing a decisive action to resolve the NPA problem in public sector banks. We’re now seeing very positive outlook with respect to earnings and a stable inflation. Moody’s upgrade of India ratings was much pleasant news.”
While sharing an outlook for 2018 Ms. Kannan stated, “The year 2018 is extremely positive with strong growth and earnings. According to some reports, India is expected to surpass ASEAN and BRICS counterparts in terms of GDP growth. With the recent measures by the government to support SME’s and exporters with GST compliance, the growth levels are expected to be fairly robust. In terms of technology, we believe that 2018 will see significant uplift in terms of investments from 2017 with technologies like RPA, Information Management, AI, ML and Blockchain. Enterprises will really tighten in the form of zero trust security model to ensure protection of their data and systems. Blending the real and virtual worlds and intermeshing the connections between people, devices and content will see a lot of focus.”
Speaking about the recent launch of Avaali Academy, Ms. Kannan, also said, “Our vision is to enable anyone, anywhere at any time to learn digital technologies that are likely to make a significant impact on enterprise performance. This will in turn help create jobs, and contribute to reducing the skill gap in enterprises. I’m excited with the possibilities this presents to Avaali to build skills for the ecosystem and enterprises worldwide and enable enterprises function better.”
Avaali believes that Digital is going to be the biggest enabler of revenue to enterprises. They support their customers to maximize value from digital and help them translate this value in the form of innovative customer experience, highly engaging customers, internal process efficiencies, reduced costs and delivering an enterprise’s stated objective. The leadership team has collectively over 200-man years of relevant experience. Avaali is completely focused in supporting enterprise customers to transform internal and customer facing processes using digital. They have executed over 45+ EIM projects across various large enterprise customers globally. Their clients are industry leading enterprises who use their consulting services and solutions to solve complex challenges and achieve their business goals.